A vote last month that makes Californians among the highest-taxed residents in the country is sparking debate about whether the Democrat-back initiative will backfire, by forcing high-earners to join a long exodus from the cash-strapped state. Democratic Gov. Jerry Brown successfully pushed the tax increase by suggesting that high-earners must shoulder the largest burden in bailing out the state, particularly its debt-ridden public school system. However, high unemployment and government debt have already sent residents fleeing in large numbers – an estimated 225,000 annually for the past 10 years.
Comments: When you add up the taxes that THEY imposed upon themselves, the Bullet Train boondoggle and other wasted projects like wind and solar power, who´s to feel any sympathy for these liberals. On top of those fleeing, are the illegal immigrants staying to capitalize on all the "free stuff."
I just hope that they stay out of Texas as I got here first.
What people in other parts of the country don`t understand about the lunacy of Calif is this is actually what the Libs want. They want high earners and business starters to flee the state. Anything that smacks of manufacturing is verboten to them. In their perverted utopia the masses are jammed into stack and pack inner city 220 sq ft boxes while they move the what is left of the suburbs to enjoy the quietness what farm animals an unicorn frolicing about. Now that the legislature has a 2/3 majority in both houses, much like the Pelosi/Reid 111th Congress, they now have a free hand to raise taxes and crushing regulations at will. As bad as Jerry Brown is as governor, there is no shortage of lunatics lined up to take his job when he leaves in Year 2100.
Please don´t write off fellow Ldotters who aren´t really at liberty to join that exodus. Some of us are pretty much stuck here ´til death (which, given a society gradually becoming more Soviet every year, might not be all that far off).
While we´re still alive, though, many of us will try to hold the line against the culture of oppressive taxation, profligate spending, exaltation of death, and derision of God. Think of it as a cultural Battle of the Bulge, and keep us in your prayers...
I´ve spoken to three clients in the last two weeks - one has already changed his residency to NV, another is actively doing the same and the third will be in TX by this time next year. All three of them high six to low seven figure earners.
Perhaps the super-wealthy will not leave, but the vast middle class will continue to look elsewhere. The additional taxes push-up the cost of living and discourage people from being upwardly mobile. Why work hard when you can punished for it, and can get so much for ´free´?
The joy that ex pat Californios express once they move to a red state is tempered with time. Once they experience the "lack of services" that they were accustomed to in the socialist paradise they left, they will begin to vote for the gimmes, once again creating the very thing they claim to abhor.
Strange Nevada doesn´t have a state income tax. If they elect the likes of Harry Reid you´d think they´d be all in favor of taxing everything. California used to be the envy of the nation. Best education from K-12 and university system. Expect Governor Moonbeam to point out to The Indonesian Imbecile that since CA voted by a huge margin for him that he needs to send a few billion to aid his devoted followers. Well you guys out there on the left coast still have great weather. Money ain´t everything.
This is a concern for California. We need to get back to Federalism and let states decide what kind of state services they will provide to its citizens.
We need to get federal taxation to a minimum so that states have the ability to do what they think is best for them, even if it is short-sighted and drives business out of their state like what California is doing. It will be a good lesson for other states to see what happens.
We are part of the growing number of unwelcomed (in our own land) native Californian tribe. We earned too much, we work too hard, we expect too much of others, we are judgmental, we never paid as much in taxes as good people should pay, we saved too much, we invested too much, we had the wrong sorts of jobs, we went to the wrong sort of church, we donated to wrong type of charity, we supported the wrong type of activities, we thought the wrong thoughts, we associated with the wrong type of people, we spoke the wrong words...we will miss the opportunity to ride the $150,000,000,000 government choo choo train.
The self delusional Californnia liberal lights a fire, watches as the flames spread, demands a fireman put out the conflagration and blames the fireman for his efforts, then lights more fires, adds gasoline... and then is surprised when the fireman leaves.
Here´s the dirty little secret concerning the "rich". They can AFFORD to move. The CEO of a corporation does not have to work at the corporate HQ, he can work from any location. A Hollywood actor can travel to the set. Many well off, who live on investments, can collect their checks anywhere.
If you want to collect MORE taxes from the rich, give them a reason to take up residence in your state.
Hugh Hewitt was suggesting CA will become a "180 day State" where retirees establish residency elsewhere and live out of state for sufficient time to avoid CA idiocy-taxes. I am 63 and looking into it.
It would be wise for Texans to consider a special tax on California public sector pensions, to recover the indirect subsidy, through the federal tax "system", that people in high tax states have gotten from the deductability of State Income taxes. If you scare them off, that is well and good--you know how these people vote.
Exactly #13. The ´rich´ are your most desirable citizens. They don´t fill up the jails, if they need medical care they pay for it, they pay more taxes in every way....sales, income, etc and they don´t go on welfare and stress the social safety net.
Make your state welcoming to them. They are your best customers.
-- In engineering terms, Dems do static analyses of tax rate calculations while Republicans do dynamic analyses. I.E. The Dems don´t look at a growing or a shrinking tax pie. Dems think if you raise taxes 10 per cent then you raise revenue 10 per cent. A resulting worse economy and taxpayer flight reduces that 10 per cent. At some point you reach the top of the Laffer Curve and then when you raise taxes, you get no increase in revenue whatsoever. California is trying to empirically determine that Laffer Curve Top.
-- FTA: The rate hikes range from 9.3 percent to 10.3 percent for families making $250,000 to 10.3 percent to 13.3 percent for families making at least $1 million annually.
TRANSLATION: For those making $250,000 their top rate is increasing 10.8 percent. For those making $1,000,000, their top rate is increasing by 29 percent. In what mad Marxist world are these kinds of increases ´´just a little bit more?´´ By stating only the percentage POINT increases and not the more revealing PERCENTAGE INCREASE, the news media including FoxNews here, mask the true impact of the increases. At the federal federal level, an increase of the top rate from 35 to 39 percent is a seemingly modest 4 percentage POINT increase, but in actuality, it is a considerable 14.3 percent increase in the top rate.
We are early 60´s now retiring - leaving California with pensions, savings, IRA´s for a state income tax free State and lower sales taxes, housing costs, celebration of Christmas nativity scenes, Christmas music, etc. and never looking back. Seems as if many of our friends are planning the same thing. Insanity reigns in California. It´s going under. Revenues keep decreasing with the new taxes - duh! Liberals are the ruination of america and they don´t get it.
I can´t leave yet. Have sold my business but still need to work there for a bit while my wife and I wait for the kids to finish school and see where they will end up. Then we´ll be leaving, not sure where just yet. Breaks my heart, born in LA and lived in SoCal my whole life.
Please, don´t assume that all CA refugees will vote for idiot liberal policies. I am a conservative/libertarian, so much so that I don´t even feel welcome in my home state anymore. I started a business, built it for 25 years, created 35 jobs, put my kids thru private schools so they would not get brainwashed. I used to tell people I probably broke at least 10 state laws just unlocking my business door and letting the staff in every day.
Wherever I end up, I will NOT start voting for socialists, taxes, takers, bullet trains to nowhere and looney global warming nonsense.
#7 is right on. They come here to Appalachia, offer far more money than we can afford to pay for property (which drives up the prices), then they complain about the lack of services and vote to tax us out of existence. As I recall, this is the very thing they left. Take your sun glasses, funny gas pumps and lawn mower catalytic converters and keep moving. If you must stay, live here for at least five years before speaking and then tell everyone you are from Nevada or Arizona. Also, keep in mind that private property means just that. If you dont own it or have permission, you aint welcome on it. I dont care if you are taking a nature walk or a short cut or hiding from the rain. Ask first or stay off. One last thing...your bicycle shorts make you look...questionable.
So these liberals who created the mess are now leaving. I bet most are democrats who demand other people´s money to buy votes and other social policies which in the end hurt everyone.
The next battleground is exit taxation. Everything must be done to ensure such shenanigans are unconstitutional. But really, think about it. The people leaving created the problem. We know that because they don´t change their way as they infest their new home state. Do you really think these californians in Texas won´t vote for liberal candidates promising freebies, and screw that state too. It´s a state of mind, not location.
Californians - much damage to Oregon and Washington. Nevada is the next target state. Colorado and Utah looking good for them. It´s where the hollywood libtards live to avoid heavy taxes.
Florida - It´s becoming a blue state thanks to NY liberal fleeing the mess they help create in NY.
I realllllly hate the exit tax deal because we can´t determine who is leaving but my money is on liberals. A $20, 000 tax sounds about right. Just contradicted myself, I know but voting for liberals and democrats should bear personal consequences.
One thing for sure, when I escape from this socialist hell I will never reveal from where I came. It´s not just their Maoist policies. Californians are the shallowest, most self-centered, supercilious, self-satisfied, smug solipsists I have ever encountered.
If justice were administered by popular vote, Army Maj. Nidal Hasan would have disappeared into a maximum-security hole a long time ago. He might already be dead. He might have been executed by now for his undisputed role in the murders of 13 people and the injuries of 32 more in the Fort Hood shooting rampage four years ago. If regular Joes like me and you got to decide what seems reasonable and fair, Hasan would have been forced a long time ago to shave off his holy-man beard, quit drawing a paycheck from the U.S. government and put a sock in that “soldier for Allah” business.
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